Business news from Ukraine

Business news from Ukraine

NATIONAL BANK OF UKRAINE’S OFFICIAL RATES AS OF 01/02/21

National bank of Ukraine’s official rates as of 01/02/21

Source: National Bank of Ukraine

OFFICIAL RATES OF BANKING METALS FROM NATIONAL BANK AS OF FEBRUARY 1

Official rates of banking metals from national bank as of February 1

One troy ounce=31.10 grams

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FRENCH PRESIDENT MACRON MAY VISIT UKRAINE

French President Emmanuel Macron may visit Ukraine by the end of the first half of the year, said French Ambassador to Ukraine Etienne de Poncins.
“We do not have a date at the moment because of the pandemic. President Macron does not travel at the moment. He did not leave France since mid-December now. His last visit was to Brussels, not a bilateral one and not very far. I want to be very prudent, but my expectation is that this visit could occur by the end of the first semester,” the ambassador said in an interview with Interfax-Ukraine.
De Poncins pointed out that there is a great need for this visit, since the last French president who officially visit Ukraine was Jacques Chirac in 1998.
“The principle of a visit is agreed, for as I have said there is a very good relationship between the two presidents and President Macron is very keen to come. President Zelenskyy confirmed several times the invitation. There is a lack of visits at the highest level between our two countries. The last French President who officially visited Ukraine was Jacques Chirac, in 1998. It was a very long time ago. Therefore, there’s a need for it. And there is a lot of substance for such a high level visit,” he stressed.
The ambassador noted that the visit will focus on bilateral programs, as well as the political dimension.
“About the substance, there will be a lot to focus on. There are some very important bilateral programs: helicopters, patrol boats, locomotives, water plant facilities in Mariupol. We have some other projects in Luhansk area. This is just for economy. The cultural, scientific, university and linguistic part is a big one too. I can tell you that if President Macron comes, he will be overloaded with projects and programs. Political dimension will obviously also be at the core of a presidential visit,” de Poncins said.

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PRESIDENT OF UKRAINE AND PRIME MINISTER OF SPAIN DISCUSS COOPERATION IN ENERGY, INFRASTRUCTURE

President of Ukraine Volodymyr Zelensky and Prime Minister of Spain Pedro Sánchez discussed areas of cooperation between the countries, including energy, infrastructure, digitalization and cybersecurity.
“Energy, infrastructure, digitalization, cybersecurity – there are many areas in Ukraine for cooperation with Spain. I am glad to speak with Spanish Prime Minister Pedro Sánchez, our mutual understanding is a step towards warm and effective relations between the two countries. I wish you health! I will be glad to see you in Ukraine!” Zelensky wrote on his Twitter page.
The interlocutors noted the importance of holding the fourth meeting of the Ukrainian-Spanish Joint Intergovernmental Commission on Economic and Industrial Cooperation this year in Kyiv, the presidential press service reported.
The leaders also discussed the development of trade and economic cooperation between the two states.
“Spain is one of Ukraine’s main trading partners in the European Union and maintains its position as Europe’s largest importer of Ukrainian grain. We are ready to continue being a reliable strategic supplier of grain products to Spain,” the Ukrainian President said.
The Spanish Prime Minister said that he would assist Ukraine in obtaining the vaccine both at the level of bilateral relations and at the EU level.
In addition, particular attention was paid to the signing of the Common Aviation Area Agreement between the European Union with Ukraine. “I am grateful to the Spanish party for its efforts and willingness to facilitate the signing of this long-awaited and mutually beneficial agreement. I expect a positive decision from the EU in the coming weeks,” Zelensky said.

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UKRAINE CUTS EXPORT OF FRUIT AND BERRY IN 2020

In 2020, Ukraine exported fruit and berry products worth $238 million, which is 8% less than a year earlier, and is associated with quarantine restrictions and complication of customs procedures at the borders, the Ukrainian Agricultural Export Association (UAEA) reported on Friday.
According to the association, 92% of total exports were frozen fruits and berries ($111 million), walnuts in shell and without shell ($ 98 million), as well as apples and pears ($10 million).
According to the association, in kind, the export of walnuts decreased 41.2%, to 39,000 tonnes, and apples and pears – 64.3%, to 19,000 tonnes, at the same time, the export of frozen fruits was the maximum for the period of independence of Ukraine reaching 55,000 tonnes.
The UAEA reported that sales of Ukrainian fruits, berries and nuts to the EU countries in 2020 provided 77% of the total revenue from these products. Most of these products were bought by Poland ($57.7 million), France ($19.7 million), Germany ($17.2 million), the Netherlands ($11.6 million), Italy ($11.5 million), Austria ($11.2 million), the Czech Republic ($9.6 million) and Greece ($9.5 million). Turkey ($10.5 million) and Belarus ($9.2 million) are other major trading partners.
The association said that the average price of Ukrainian apples in 2020 grew by 1.5 times, to $500 per tonne, frozen fruits and berries – by 13.6%, to $2,023 per tonne, and shelled walnuts – by 5.1%, to $3,000 per tonne.

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TOP 20 COUNTRIES OF UKRAINE’S FOREIGN TRADE PARTNERS IN JAN-OCT OF 2020 (THOUSAND USD)

TOP 20 countries of Ukraine’s foreign trade partners in Jan-Oct of 2020 (thousand USD).

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